HOCHUL BEGS FLEEING WEALTHY: "COME BACK & PAY MY TAXES!"—NY Tax Nightmare EXPOSED

News For Reasonable People20mApril 7, 2026

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AI-Generated Summary

The podcast episode critiques New York Governor Kathy Hochul's shifting stance on wealthy residents, highlighting the irony of her 2022 call for Republicans to 'jump on a bus to Florida'—only to later beg high-net-worth individuals to return and pay taxes in 2026. The host argues that Hochul’s policies, combined with high taxes, aggressive social spending, and overregulation, have driven a mass exodus of residents and businesses, particularly to lower-tax states like Florida, Texas, and Washington. Data from the U.S. Census and New York’s Independent Citizens Budget Commission show significant population and income losses, with New York City losing 102,000 residents and $13.7 billion in personal income. The episode frames this as a predictable outcome of economic mismanagement, where remote work has empowered people to relocate freely, and states with lower tax burdens are now attracting talent and capital. The host warns that similar patterns are emerging in other blue states like Washington and California, where fiscal strain and ideological governance are pushing people out, only to create a desperate need for their return—something that is unlikely to happen.

Key Takeaways
1

High taxes and overregulation in blue states are driving a mass exodus of high-net-worth individuals and businesses to lower-tax states like Florida and Texas.

2

Remote work has fundamentally disrupted the economic model of high-cost urban centers, making geographic mobility a real option for workers and entrepreneurs.

3

Governor Kathy Hochul’s reversal—from expelling wealthy critics to begging them to return—exposes the contradictions in progressive fiscal policy and long-term sustainability.

4

States like Washington and California are now facing the same fiscal crisis as New York, with declining populations and shrinking tax bases.

5

The episode suggests that the root cause is not just policy, but a fundamental misunderstanding of human behavior: people will leave when taxed excessively and not given value in return.

…and 3 more takeaways available in PodZeus

Chapters
0:00
3 min

Hochul’s Irony: From Expelling Wealthy to Begging Them Back

Hey, could you guys cut me some checks? And by the way, can all the wealthy people who left New York City, could you come back from Florida?

Highlight
2:30
3 min

The Great Exodus: New York’s Shrinking Tax Base

Data reveals that New York City lost 102,000 residents and $13.7 billion in income, with most fleeing to Florida, Texas, and California—states with lower taxes and better quality of life.

5:50
4 min

Remote Work and the Death of Geographic Captivity

The rise of remote work has shattered the idea that people must live where they work, allowing high earners to escape high-tax states with ease.

10:00
4 min

The Domino Effect: Washington, California, and the Blue State Collapse

The episode draws parallels between New York and other blue states like Washington and California, warning that similar fiscal crises are inevitable without reform.

14:10
6 min

The Core Question: Stupidity or Strategy?

Are they that dumb? Or are they doing it on purpose? Those are the only two options, right?

Highlight
High-Impact Quotes
Are they that dumb? Or are they doing it on purpose? Those are the only two options, right?
Host17:42
Viral: 90.0
Hey, could you guys cut me some checks? And by the way, can all the wealthy people who left New York City, could you come back from Florida?
Host1:45
Viral: 85.0
You run the risk that they'll do just that because you're stupid and you didn't conceptually walk through. What if they leave?
Host17:56
Viral: 83.0
Speakers

Host

Host Name
Topics Discussed
Wealthy Resident Exodus95%Tax Policy and Economic Migration90%Remote Work and Geographic Mobility88%Blue State Fiscal Crisis85%Political Irony and Contradiction80%State Competition and Business Relocation78%Social Spending and Tax Burden75%Governance and Long-Term Planning70%
People & Brands

Kathy Hochul

person

18xNegative

New York City

place

15xNegative

Florida

place

12xPositive

Texas

place

11xPositive

Washington State

place

9xNegative

Remote Work

other

6xNeutral

Bob Ferguson

person

4xNegative

Coronavirus

other

2xNeutral

New York State Comptroller Thomas P. DiNapoli

person

2xNeutral

Independent Citizens Budget Commission

organization

2xNeutral

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